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China Medical Technologies Reports Second Fiscal Quarter Financial Results
Date:11/19/2009

193,967 208,957 166,066 24,328 (2) In computing diluted earnings from continuing operations per ADS, interest expense and amortization in connection with convertible notes were not added back in computing diluted earnings from continuing operations per ADS for the three months ended September 30, 2008 (as adjusted), June 30, 2009 and September 30, 2009 because the ordinary shares issued upon conversion of convertible notes (using the treasury stock method) were anti-dilutive. (3) As a result of the adoption of new authoritative guidance changing the accounting for convertible instruments that can be settled in cash or partially in cash upon conversion, the Company adjusted relevant numbers in the condensed consolidated statement of income for the three months ended September 30, 2008 retrospectively in accordance with GAAP. China Medical Technologies, Inc. Reconciliations of GAAP measures to Non-GAAP measures For the Three Months Ended September June 30, September 30, 2008 2009 30, 2009 RMB RMB RMB US$ As adjusted (2) (in thousands except for per ADS information) Gross profit 136,659 153,544 108,549 15,902 Adjustment: Amortization of acquired intangible assets 22,447 22,428 22,430 3,286 Non-GAAP gross profit 159,106 175,972 130,979 19,188 Gross margin 70.5% 73.5% 65.4% 65.4% Non-GAAP gross margin 82.0% 84.2%
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SOURCE China Medical Technologies, Inc.
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